In the journey to outperform the market, investors delve into the art of stock selection. Choosing the right stocks can be a powerful driver for wealth accumulation.
The closing price of Beyond Air Inc (NASDAQ: XAIR) was $0.26 for the day, up 0.46% from the previous closing price of $0.26. In other words, the price has increased by $0.46 from its previous closing price. On the day, 1.41 million shares were traded.
Ratios:
Our analysis of XAIR’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 3.12 and its Current Ratio is at 3.56. In the meantime, Its Debt-to-Equity ratio is 0.61 whereas as Long-Term Debt/Eq ratio is at 0.58.
On July 28, 2023, Piper Sandler started tracking the stock assigning a Overweight rating and target price of $10.
On June 15, 2023, BTIG Research started tracking the stock assigning a Buy rating and target price of $15.BTIG Research initiated its Buy rating on June 15, 2023, with a $15 target price.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Feb 19 ’25 when Gaul Michael A. bought 6,000 shares for $0.38 per share. The transaction valued at 2,294 led to the insider holds 94,150 shares of the business.
Carey Robert bought 1,476,626 shares of XAIR for $744,662 on Sep 26 ’24. The Director now owns 1,476,626 shares after completing the transaction at $0.50 per share. On Sep 26 ’24, another insider, Lisi Steven A., who serves as the CEO and Chairman of the Board of the company, bought 1,476,626 shares for $0.50 each. As a result, the insider paid 744,662 and bolstered with 3,249,411 shares of the company.
Valuation Measures:
For the stock, the TTM Price-to-Sale (P/S) ratio is 7.75 while its Price-to-Book (P/B) ratio in mrq is 1.12.
Stock Price History:
Over the past 52 weeks, XAIR has reached a high of $1.86, while it has fallen to a 52-week low of $0.25. The 50-Day Moving Average of the stock is -28.36%, while the 200-Day Moving Average is calculated to be -50.68%.
Shares Statistics:
A total of 88.28M shares are outstanding, with a floating share count of 77.91M. Insiders hold about 14.37% of the company’s shares, while institutions hold 23.12% stake in the company.
